Enslosed herewith the unaudited standalone financial results for the quarter ended June 30th 2025
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The Board of Shashank Traders Ltd approved unaudited standalone Ind-AS financial results for Q1 FY26 (quarter ended June 30, 2025). Total income stood at Rs 4.84 lacs, up about 38% from Rs 3.51 lacs in the same quarter last year. However, the company slipped deeper into the red with a pre-tax loss of Rs 1.95 lacs versus Rs 1.61 lacs in Q1 FY25, and reported an EPS of Rs (0.06). The company has negative reserves of Rs 89.35 lacs against paid-up capital of Rs 309.38 lacs, signalling that accumulated losses have eroded nearly a third of its net worth. The auditor (Nemani Garg Agarwal & Co.) issued an unqualified limited review report but flagged three Emphasis of Matter points: (i) unlisted equity investments not measured at fair value as required by IND AS 109, (ii) debit/credit balances pending third-party confirmation, and (iii) dormant bank balances pending confirmation. The full-year FY25 loss stood at Rs 13.48 lacs.
Persistent quarterly losses combined with negative reserves raise serious going-concern concerns for shareholders, even though absolute numbers are small due to the company's micro-cap status. The auditor's Emphasis of Matter on investment valuation and unconfirmed balances adds to governance and reliability concerns, which may weigh on investor confidence.